the epilepsy tharty Report of the Trustee & Financial Statements for the year ended 31 March 2022 Re9irtered Cl￿rIty Number 200359 "The Meath is the most exceptional place and shDuld bE used as a blueprint for all care home5" MEath RE/dlivp 130 YEARS -19 within the residential servic& To date. only onè residènt was hospitalised and wbsequently dischargÈd. All ot￿r positive cases have ￿Én successfully managed within The Meath sofety and infeciion control policies aThY procedures. Two COVID-19 vaccine clinics have been held on-site, carried out by a GP & a nursing team. A vaccine clinic was organised on-site for further protection, and The Meath wa5 also fortunate that the majority of staff chose to tske up the COVID-19 vaccine and booster programme. The Meath continue to have safety restrictions in place within the residertial care homes for extra protectron. The measure5 Wlthin the non-regulated areas of the organisation have bèen relaxed in line with the government's'living with Covid, guidelines. Colleagues have the option to personally maintain the previous safety measures if they wish and families were delighted when restrictions We￿ lifted in March 2021 to visit their relatives on-site. We thank The Meath families for being exceptionally considerate and respectful of all policies. IHE MEATH EPILEPSYCH*AITr REPORT OFTHE TRUSTEE FCIITHE YEAR ENDED 31 MARCH 2022 ep￿ep$Ythorlty In March 2022. we held an annual Awards Ceremony, recognising the dedication of staff and colleagues who had gone the'extra mile,. A number of the residents were also rewarded for their support and encouragement of their peers during the pandemic. CQC Grading & Local Safeguarding In September 2021, we were delighted to receive a 'Good' rating following the CQC inspection. The result is testsment to the staff team's efforts in improving the service they provide and ensuring compliance acr055 the main KLOE (Key Line5 of Enquiry) standards. The inspectors noted an improved atmosphere and staff morale since the previous inspection. The result has certainly raised employee satisfaction and our stsThYing within the health 8t social care sector. as well as in the local community. A recent routine safeguarding inspection also resulted in a satisfactory and compliant outcome. The focus for the residential care team is to maintsin all the 'best-practice' efftirts following the recent inspections and continue to look at ways to improve and enhance the services that we offèr. New Person-centered Care System In 2020, we started to look at the so￿are used for recording the personal data. medicbtion records and daily activity for the people we support, and found that a more modern and ￿sPOkÈ platfomi was required. The PCS IPerson Centered Care System) was introduced in October 2021 and rolled out over a 3 month period acros5 The Meath, however. the ongoing fall-out of thè pandemit and signifitant shortage of ￿aff and thus stsff tumover means that further training and development of the produrt is required. However, the new system, operated by mobile phone size devices is being well received, and in time, wll prove much more convenient for instsnt access or updates. Summary of Resldential Care Senjices Whilst there have been many celebrations and achievements over the18st year, the main challenge facing the residential care team is the recruitment of support workers. rt has alway5 been difficult to attract and retsin talent wf(hin the sector. despite the staff benefits and competitive pay on offer. We constantly review new way5 to attrart and retsin staff. SOCIAL ENTERPRISES The Meath'5 social enterprises include: Skills Centre- an on-srte artivities centre. Changing Perceptions- coffee shop and upcycling workshop based on Godalming High Street. Café Meath- on-site cafeteria for staff, residents and visito And we encourage off-site activities and outings e.g. horsè riding, playhouse, picnics relaxed cinema 8t Arthouse. It is important to notethat the social enterprises have been signrficantly impacted by COVID-19 meawres, both financial and socially. A commercial rewew is currently being undertaken in light of the post-pandemic landscape. Skills Centre The Skills Centre offer a series of activities on a timetsble basis, 5 dtys per week Activitie5 include,. art dasses, news & debate. loom knitting, cooking, yoga, perfomiing arts and 9ardening. As the pandemic impatt recedes, The Meath 15 increasing ihe number of residents who can attend each attivity, in a relaxing and Safe way. The team have continued to be créative during the restrictions and have adopted new outd¢)or areas for attivities such as tennis and archery and have Introduc￿ walking groups to help with fitness. Unfortunately, the income stream from extemal clients ha5 reduced by approx. 60% Since the pandemic The goal for this year is to increase numbers and advertise the diverse range of activities on offer. THE MEATH EPILEP5YCHARITY REPORTOF THE TRUSTEE leF6ytharity The highlight for the Ski115 Centre team in 2021 wa5 The Meath resident's art exhibition at Godalming Museum. The artists received high praise for their Work and were commended for the professionalism of thè design5. One resident managed to sell two pairrting5 and was commissioned by the Lord Lieutenant of Surw to design a Christmas card. The tslented resident's dream is to now create his ¢)wn art exhibition. The Meath partnered wlth the education charity ASDAN in 2021 to offer a range ot courses to the people we support within the Skills Centre. Accredited courses which cover a broad range of topics such as,. Life Skills, l.T, Horticulture and Health & Fitness will be available later in 2022. These courses will give the people we support a real sense of achievemert Ilowing them to look back on their own documented successes. The Café remains a hub of The Meath for the p￿pIe we 5UPPOrt to meet with their friends and enjoy a bite to eat with their lamilies and special eventy suth as ￿ldeTht birthdty parties. The future viability of Cafe Meath will be reviewed over the coming year. Changing Perceptions Changing Perceptions was signrficantly impacted by the pandemic, and greater competition from other coffee shops within the High Street. The residents who attend their woodwork sessions continue to enjoy their visits to Changing Perceptions and we have been delighted to have been able to welcome back the volunteers to support us. An additional woodwoTk ￿$10ft has been introduced at The Meath, within the Skills Centre to allow the opportunityfor those residents with mobility need5 to join in, which is working very well. The highlight for Changing Perception5 in 2021 was the Royal Visit. The Meath were privileged to welcome HRH The Countèss of We55ex for a visit in November 2027. The purpose of visit was to thank the keyYnrker5 for all their efforts during the pandemic. A number of residents, staff, families and volunteers were invited to join in the celebrations and were treated to a special aftemoon tèa. The visit was a real success, in particular, the Fundraising Team were commended for t￿1r profe$5ionalism and support in arranging the event. RECRUITMENT & HR Recruitment The single biggest challenge for The Meath continues to be the difficulty in recruiting and retaining stsff, in line with the health & social care sector nationalty. The sector in England had an average vacancy rate of 9.1% in 2021. Furthermore, The Meath expected to lose up to 29 colleagues during the 'no jab, no job. requirement for care homes. However, we only lost four members of stsff. A number of additional care staff joined durin9 the pandemic, however, many of those retumed to their original roles once their employment sectors re-opened and it has been di￿lcUlt to re-hire. A comprehensive benchmarking exercise was carried out in November 2021 to compare The Meath's stsff benefits with the competitKJn. We are in the upper range of salaries in Surrey. A new enhanced employee assistance programme had recently been launthed to further appeal to colleagues. The reasonable pay and staff benefits are attractive (but can Iways be improved), however, we are developing a'best-practice, trainin9 & induction programme in order to retsin the best talent and develop their skill& THE MEATrI EPIIEPSYCHARITY REPORT OFTHE Tru¥fEE epl￿psyCh3rty We have introduced: New indurtion programme. Introdurtion of a 'buddy-sy5tem' to partner up new staff with experienced colleagues. Exit intenriew feedback & survty. Culture change- we have appoirrted an extemal provider to support us with a culture programme. Clear progression OPFJOrtunitie5. We will be concentrating on the recruitment and hiring of employees throughout the Corni￿j year. Tiaining & Indurtion We have been reviewng the cuThent induction Proce￿ and sUPPQrting manageT5 With 'be5t-prart1￿, ideas on how to welcome and upskill new cclleagues during their probation period. This is an ongoing project and new employee engagement ideas will likety be rolled out in due Course to further support morale. In additioTr it has been noted that development plans and promoting the QCF Health & Social Care qualifications, amongst other professional cour5è5 is rèquired to attract those looknng to make a career in the industry. A number of colleagues at The Meath have progressed through the ranks over the years and achieved a desirable job and good eamings potential. The Recruitment Co-ordinator plans to capitalise on these success Stories to help attract applicants. The Meath employs a dedicated Training Manager to support the mandatory trainin9 needs of the care staff, i.e., Epilepsy Awareness, Manual Handling, First Aid, Food Hygiene, etc. The Trainer joined the HR team in September 2021 and is also supporting with employee relations and buddying skills, as well as recently bein9 appointed the QCF Intemal Assessor. The Training Manager is committed to promoting the QCF Level 2 and 3 Health & Social Care qualrfications to teach 'be5t-practice' Standards of care to the staff. It ha5 been noted that 52% of staff at The Meath have achieved their Level 3 QCF. This is a good result and higher than the national average of 40%. Staff Wellbeing As across numerous organisations, mary colleagues have felt strèssed and vulnerable during the pandemic and have needed health & wellbeing strategiès. Managérs have been trained in supporting colleagues with v￿lIbeing action plans, as wèll as mediation ski115 to help with staff conflict due to increased 5tre55 and anxiety levels. In addition, colleagues Within the re5identiol care team have recently enrolled on Mentsl Health First Aid courses to boost the support to their teams in this important orea. The newty launched employee assistance programme has an empha515 on mental wellbein9 SUPPOrt techniques and helplines for advice. FUNDRAISING & MARKETING Despite the very rapidly changing fundraising landscape, the Fundraising Team, for the fourth successive year. has exceeded it5 challenging target We are delighted to have secured £561,453 this year. We are so very grateful to everyone who ha5 SUPPOrted us through this difficult year as we emerge from t￿ pandemic. Never has each and every donation been so highly valued and needed. Thank you. The majority of our furk4ers wish to remain anonymous, but we are plèased to confimi we have restricted grants from National Lottery Communty Fund, Garfield Weston and the Community Foundation for Surrey. We are very fortunate to have ongoing support from a variety of individuals, organisations, and Trusts. We thank them all for helping us to continue our valuable work enablin9 and empowering extremely vulnerable individuals to live safe, happy, and fulfilled lives THÉ MÉATH EPILEPSYCHARITY REPORTOF THE TRUSTEE FOR THE YEAR ENDED 31 MARCH 2022 lepsy¢htrfty The Charity 15 committed to providing the outstanding level of care and support that residents and day clients receive, the variety of opportunities, combined with specialist care and 5UPPOrt, comes at a significant CO51. The people we support receive funding from their own Local Authority for a basic care package. The income Taised by the Fundraising team covers the cost of non-ststutory services and equipmènt and covers the cost of all the exlra activities, services or Èquipmenl that mean so much to those in our (are. As was highlighted in last yearfs reporL the focus for 2021r22 has been on core funding, strengthening the Charity'5 financial position and building reseNes and Ihis will remain our focus for 2022/23. Ev•nts Highlights We were very pleased to be able to host golf days and the premier of the new James Bond film despite the numerous thalleryes the pandemic brought. We are so grateful to everyone for supporting these events. Our fijndraising concert at Gtyndeboume has been postponed for the third time and will now take place on 11th 4)ril 2022. FINANCIAL REVIEW Corporale Appointeeship Somè sermces we have historically provided are now recognised to pose a conflict of interest and aTr no longer appropriate. We are working together with parents and guardians to ensure client montes are trnnsferred to legal representstives. Westbrook Housing Historically we have managed our supported living sèrvites through a separate entty, Westbrook Housing. With effect from l April 2022, the remaining a55ets and liabilities of Westbrook Housing were merged with those of The Meath and Westbrook Housing ha5 Since been di5501ved. COVID-19 COVID-19 furlough support continued at the beginning of the yèar this together wrth actions taken durirvj 2021 meant we did not incur significant additional c05t% There ha5, however, been a knock-on impact Isee below) in relention and recruitment of care staff in general. Residential Vacancies Due to the pandemic, people have understandably been reluctant to move and vacancies have proved difficult to fill. Thi5 coupled with the often lengthy lead time to complete the required assessments has meant we carried more vacancies than usual during the whbch has contributed a £131,553 shortfall in fee& Stalf Vacancies s widely reported, the care sector struggled to fill vacancies during the pandemic and continues to do so, resulting in heavy dependency on agency stsff which has had a significant impact on costs. Operating Resufts Net deficit for the year £351,126 is aftèr crediting COVID-19 support grants £104,709, crediting donations and legacies £632.890. and chargirg depreciation £471.769. A significant proportion of donations and legacies £198.373 ha5 been to support core salary costs in the Skills Centre and healthcare teams. Goin9 Concern The Charity's business plan for March 2024 has been forecast to include.. fees tn respect of new residents, planned uplift in entry level hourfy rate& and increases in utility costs. Whilst this shows the Charity will have adequate reserves and will be able to meet its liabilities as they fall due costs continve to be closely monilored. Accordinglys the Trustees continue to adopt the going concem bas¢s in preparing the financial ststements. 10 THE MEATH EP1LEP5YCH￿ITy REPCIITOF THE TRUSTEE FOR TrIE YEAR ENDED 31 ￿R(H 2Q22 lewythArty Reserves Policy The Trustees recognise the need for the Charity to have sufficient reseThes to be able to meet its charitable obligations and provide for a stable and sustsinable future. The currerf( policy is to build the unrestrirted general fund to a level that covers 3 months. expenditure plus any one-off major caprtal projects. un￿strICted general fund at 31 March 2022 amounted to £1,841,045 reP￿senting 4 months, average fixed costs. Investment policy and objective5 Investments had a value of £1.Om at 31 Marth 2022. TheTrustee directors can make such arrangemènts as theythink fit for the investment of the charity's funds and have regard to the likety timing of major fijture development expenditure and the lèvel of market prices when making decisions on investments. Social, environmental and ethical asp&ts of making investments are regularfy by the Trustee diredors together with the Charitys investment advisers. Prifieipal Rlsks & Uncertalnties The main risk5 identified by the Board are: Reliance on fees from Local Authorities, Inability to raise funds for future developmentslrefurbishments, Poor propety maintenance leading to major repair costs Lack of abilty to recrurt staff and poor staff retentio Breach of employment legislation, Serious failure to meet care stsndards. A serious outbreak of COWD-19 at The Meath for residents. staff, or both. Escalating co5￿ especially utilities. The processes to mitigate thèse risks are summarized below. The aim is to provide value for money speaalist care and maintain ex￿lIent communication with the Local Authorities. The Charity employs fundraising professionals and plans are fully futKled before initiating d￿elOpments. A rolling maintènance programme is operated with professional advice. The Charity offers excellent opportunities and is constantly reviewing the recruitment offers and staff development. An HR professional specialist is retsined to minimise this risk. stsff training is undertaken to maintsin and improve high care standards, Constsnt evaluation by the CEO and Senior Leadership Team of the COVID-19 risk assessment and safety procedures. Costs and variances are closely monitored through ￿porting and budget dèlÉgatioFL THE MEATH EPILEPSYCHARITY REPCIRT OF THETRUSTEE FOR ThE YEAR ENDED 31 MARCH 2022 ¢￿￿P$Y(h￿lty PLANS FOR THE FUTURE The COVID-19 19 pandemic has put The Meath through rigorous strategic-resilience tests. The primary objectives achieved have been to adapt new processes and procedures to remain in line with govemment guidelines and maintsin the safety of residents and staff alike. This has resulted in some of our objectives being deferred. A surnmary of progre55 made on objectives is below. Summary of th• Charitys Objecllve5 2022-23 To increase the external clients to the Social Enterprises and promote the seNices to the local community. In pro9ress- currently building relationships with external providers. Some fomier extemal clients have alread returned since the restrirtion5 have eased. Ongoing d)allenge- addiiional resource has recently been de lo ed to the team. Will be com lete b Se tember 2022. To be reviewed. To 5tablise the recruitment situation and focus on retentioTr trainin & develo menL To maintain full occupan To conduct a procuremenl review to ensure all ex nditure is fit for ur ose. Remove the 'conflict of interest. of The Meath being the appointee for the people we supporL In progre5s- experted completion by March 2023. STRUCTURE. GOVERNANCE & MANAGEMENT The Charity The charity (Registered Charity Number 2CQ3S9) is unincorporated and registered with the Charty Commission in England and Wales. It is govemed by its Trust Deed last amended on 25 May 2015. Epilepsy is covered by the Equality Act in England, Scotland and Wales, and the Disability Discrimination Att in Northem Ireland. Most importantly, many people with complex epilepsy can take part in the same activities aseveryone else given the appropriate help and with simple safety measures applied. Re¢ruitment and appointment of new Truslee Dirertors The Trustee Directors are Directors of The Meath Trustee Company Limited. They are recnjited to maintain è balance of skills, qualifications, and experience to ensure that the Charity and its propety are managed efficiently and knowledgeably. When a vacancy occurs a profile of the new Ttustee Directors is agreed, with suitsble candidate5 identified possessing the expertise required. References are obtained for ary new Trustee Director, Including a criminal records bureau theck. All new Trustee Directors are given a copy of the Charity Commissioners. booklet on the responsibilities of a Trustee. A file of èssèntial infomiation is provided as part of their induction programme. An updated Governance Manual and Code of Conduct for Trustees was produced, which will be reviewed anryjalty. Each new Ttijstee Director is appointed for an initial term of four years. Once èlectèd thty do not havè to be re-elected annualty, but they do have to stand down at the end of their four-year term. Trustees are entitled to Stand for reolection for a maximum of three terms. 12 THE MEATH EPILEPSYCHAArrY REPORTOF THE TRUSTEE FOR THE VEAR ENDED 31 MARCH 2022 eFltwth¥ty In 2021. the Co-chairs of Trustees successfully recruited four new members to the Board to plan for at lea￿ three members retiring. The 2021 Trustee Recruitment Process/Cycle •ltrylt••i•e*th•thY4r Au Irustee54ndon•Trwtd&mMI The recruitment campaign attracted some very high-calibre indNiduals resulting in special advi50r role being accepted to counsel on specific committees. Special Advisors would have an opportunity to consider a position on the Board in 12 months, time if mutually agreed. Currently, the￿ are 12 Tru5tee5 ITr total, four having joined in January 2022 following the successful recruitment campaign. Oryanlsational Structure The Chief ExecutNe is ￿spOnSible for the strategic and day-to-day management of the Charty and reports to the Committee of Management who are Trustee Dirertors of the Charity. The strategic direction of the organisation is deiermined by the CEO with the Trustee Directors. who have overall responsibilty for the Charity. The Trustee DI￿￿Or$ also ensure that the Charity adheres to the policie5 afKI procedures laid down by the Charity Commission and the Care Qualty Commission. To fulfil this role, the Trustee Directors have estsblished the followng sub-committees: Social Enterprises, Finance and Risk Fundraising and Communication5, Health and Social Care, Property and Developments and Nominations and Remunerations Committee. These committee5 report regularfy to the Board where decisions are formally agreed. From May 2022, the structure of the mèètings will be chan9ing to include more frequent Board meetiws, less committees and o rwi opportunity for Trustees to get involved in Task & Finish groupswith the purpose of looking for cost efficiencies within the commeraal areas of The Meat Arrangement5 for Setting pay of key managernnt Remuneralion of the Chief Executivé is decided by the Trustee Dirertors after consideration of the level paid to comparable organisations and an assessment of perfoman￿. The level of remuneration and increases paid to Senior Executives reporting dirertly tc the Chief Executive are prop05ed by the Chief Executive and agreed by Trustee Directors. Rlsk and Corporate Governanc• Matter5 Trustee Directors are responsible for the management of risk faced by the Charty and treat risk management as a priorty- Risk awareness is empha5ised throughout all levels of the organisation. Risks are identified, assessed and controls are applied throughout the year by senior management and stsff employed by the Charity. Each risk has been grouped and evaluated according to priority and asslgned to one of the five sub-committees for detailed annual review, with the assistance of senior management and to check that procedures have been estsblished to mitigate those risks. THE MEATH EPILEPSYCFiARITY REPOAT OF THE TRUSTEE FOR THE YEAR ENDEP 31 MARCH 2022 psych¥rty The Finance and Risk Committee fomially reviews the entire risk management process annualty. There is a major incident planthat operates immediately when a serious incident has been identified, and all the other risks are managed daily. The Charity 15 subjert to regular Ir￿pectiOnS by the Care Quality Commission ICQCI and is required to confonn to the National Care Stsndards. Health and Safety A5 an employer, the Charity holds Health and Safety matters as paramount wothing to the Health and Safety at Work Act 1974 and other associated legislation. The Chief Executive is responsible for monitoring Thè Meath's policy and its implementation, maintenance, and ongoing review. The Charty has a Procedu￿ for reporting accidents, diseases and dangerous occurrences to the Heatth and Safety Executive and the National Care Stsndards Commission, with all records being kept for inspection. Funds held as custodian foT Others Thé Charity acts as appointee for those residents who are unable to. or choose not to, operate their own personal finances. These funds are held in a designated bank account with the money available to each individual resident upon quest. In common with other charities this arrangement is now recognisèd as a conflict of interest, we are therefore taking artion during 2021122 to make suitsble alternative arrangement5 for our residents. Related parties Dr Colin Stokes MBE is a Patron of The Meath and Chaimian of Arthouse Unlimlted. Anna Coss is a Trustee of The Meath and a Trustee of Arthouse Unlimited. Arthouse Unlimited 15 a social enterprise through which The Meath is able to provide stimulating ￿t1Vty sesslons and an ¢wtlet for artistic tslenL Apart from the above, no other Trustee Direclor5 of The Meath have connections with anyffl ITh¥•￿ng •¢llvAI•• hose0f1￿dlbltsf￿d asgets Sae oftsnu*le ￿¢10 Purch8890f Inv851m8nts Sole Qffnvesbn￿ts Ini¢f05t waved I￿.076) 1442,2801 157.8Pn 1101,WOI 106.089 ¢h•vJ• In u•h &M•h •rwlval•nts 161.9101 835.177 CA•h & cash •quh•l•nts l)MughtloNArd C•sh & ¢•*h •4ulv•l•nts ￿rrI￿1 fowward 22 THE MEATH EPILEPSY cHAR￿y NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 MARCH 2021 epdepj thwity I. ACCOUNTING POLICIES B•sls of preparing the financial statements The accounts & financial statements have been prepared in accordance with the Charities SORP (FRS102) applicable to charities preparing their accounts in accordance with FRS102 the Financial Reporting SLindard applicable in the UK and Republic gf Ireland and the Charities Act 2011 and UK Generally Accepted Practi￿aS it applies from l January 2015. The accounts (financial stat•ments) have been prepared to give a 'true and fairf view and have departed from the Charities {Accounts and Reportsl Règulations 2LIJ8 onty to the Èxtent required to promde a 'true and fair viev/. This departure has involved following the Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 rather than the previous Ststement of Recommended Practicè: Accounting and Reporting by Charitie5 which was effective from l April 2005 but which has since been vrfithdrawn. The Meath Epilepsy Charity meets the definition of a public benefit entity under FRS 101 Assets and liabilitles are initially recogni5ed at historical cost or tran5artion value unle55 Othe￿ise stated in the relevant accounting policy notelsl. The financial ststements of The Meath Epilepsy Charity and its subsidiary company are consolidated, on a line- by-line basis, to produce the Group financial 5totement5. The consolidated entity 15 referred to as'the Group,. The charity has tsken advantsge of the exemplions in FRS 102 from the reqvirements to P￿sent a charty only Cash Flow Statement and certain disclosures about the charitys financial instruments. Having considèrÈd the fina￿la1 p051tion of thè Meath Epilepsy Charity and plans and forecasts for future period5, the TTUStee 15 satisfied thatthere is no material uncertainty around the ability of the Chartyto continue as a going concem for the foreseeable future. The financial ststements have therefore been prepared on the basis that thè charty is a goir¥J concèm. b) Income All income is recognised in the ststemÉ￿t of Financial Activities On￿ the charity has entitlement to the fund5, it is probable that the income wll be received, and the amount can be measured reliabty- The main sources of income aTr from local authorities for providing high levels of care and residential accommodation, this is supplemented by income from social enterprises providing products & seNices to extemal clients arKI the ger*ral publK. Income from local authorities is recognised in the year that care and accomm¢xlation is provided. Income from social enterprises is recognised in the year that a sale occurs. Donations are recognised on receipt. Expendlture Liabilities are recognised as expenditure as soon as there 15 a legal or coD5tfUCtive obligation committing the charity to that expenditure, it is probablè that a trandeT of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure 15 accounted for on an accruals basis and has been cla55rfied under heading5 that aggregate all cost related to the category. Wherè costs cannot be directty attributed to particular headings they have been allocated to artivities on a basis consistent with the use of resouTce5. 23 THE MEATH EPILEPSY CHARITY NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 th• d) Raislng funds Raising fijnds includes all expeTrJiture incurred by the charty to raise funds for its charrlable purposes and includes costs of all fundraising activbties, events and non-charitable trading. Governance costs This comprises the costs of compliance with constitutional and statutory requirements. Taxatlon The charlty is èxempt from tax on its charitable activitie5 but 15 registered for VAT for the social enterprise5. Tangible fixed •ssets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful Freehold propety Fixturés and fittings Motor vehtcles 2% on cost 20% on cost 20% on c05t No depreciation is charged on freehold land. The charty has a capitslisation threshold of £1,LKQ, at which point all assets are c8Pitalised. h} Fundarwunting Unrestricted funds can be used in accordance with the charitsble objective5 at the discretion of the TTUStee. The general fund comprises unre5trirted funds which are neither designated by Tnjstee Directors nor restricted by donors. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Re5trirtions arise when specrfied by the donor or when funds are raised for particular restricted purposes. There 15 one remaining designated fund within the Trust which form part of the unre5trided fund& i) Investments are valued at rna￿et WdlL* as at the balan¢e sheet date. Reali5ed and unrealised gain5 and losse5 arising on the revaluation of investmènts are credited or charged to the Statement of Financial Artivities. i) Caphal Fund A Designated "Capital fund. has been established to account for the value of Fixed Assets which are not within the Endowment Furbj and thu5 cannot be used for the general purp05es of the Charity. k) Effido￿ Fund This represents the original gift to the charity of its freehold land and Iwilding in 18%. The freehold propety has been revalued as at 25 March 2011 using the depreciated replacement cost value at £5,727,362. The written d¢)wn value at 31 March 2022 15 £4.495,9771202tr. £4.607,781). P•nsion costs and oth•r post.retir•ment ben•fit$ The charity 5UPPOrts a defined contribution group personal pension scheme. Contribution5 payable lo the charity's pension scheme a￿ charged to the Statement of Financial Actwlties in the period to which they relate. These contribution5 are iTbvested in an insurance Company and are thèrèfore separatè from the charity's assets. 24 THE MEATh EPILEPSY CHARITY NOTESTO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 w chanty Stock Stock within the charity constSts of donated second hand wooden fumiture, the value of which is considered to be minimal. On this basis no value has been applied to items. Flnandal In￿￿MeThI$ The Meath Epilepsy Charity TnJ5t has financial assets of a kind that qualrfy as basic financial inslruments. Basic financial instruments are initially recognised at transartion value and subsequently measured at the present value of future cash flows (amortised costs). No discounting has been applied to these financial instruments on the basis that the periods over which amounts wll be settled are such that any discounting would be immaterial. crf11￿1 a￿￿n11n9 Judgen*nls and key sources of e￿ImatIon In the application of the chaTitys accounting policies, which are described within the notes above. thè Trustse Directors a￿ required to make judgements, estimates, assumptions atK)Ut the carryirwj values of assets and liabilitie5 that are not readily apparent from other 50urcs The estimates and underlying assumptions are based on historical exp￿ienCe and other fattors that are Conside￿ to be relevant Actual results may differ from these estimate The estimates and underlying assumptions are revtewed on an on-going basis. Rewsions to accounting estimates are r￿09￿1$ed in the period in which the estimate is revised if the revision affects onty that period orin the period of the revision and future periods rf the revision affects the current and fijture periods. In the view of the TTU5tee DirKlors, no assumptions conceming the future or estimation uncertainty afferting assets and liabilities at the balance sheet date aTr likety to result in a material adjustment to their carying amounts in the next financial year. 25 THE MEATH EPILEPSY CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 2 CHAR￿ABLE ACTivrrY WCCWE 5.952,789 6.(118,146 357.382 255.195 Support•J Imng 310171 6318 INVESTMENT WCOME 2022 20X DMd8ThJ8 8 Int￿l￿¢￿Ved OTHER INCOME 20 CV19 8UPFQrt kyants CJRS fvrtOUgh d8kn$ 101.252 204.962 3.457 141.3 346.252 Rmidenthl Supp)rt•d Charhabl• Rai•ing & D•y Caro LSvJTr4 Acti￿11 Fund• Ent•rpTI 2021 Re5idenbal careswpL¥t o Supportsiaff LX)sts 557.107 889.487 557.107 B89.487 557.107 051.930 889,487 833,383 . extem81 wdltorfs r•rnur*#lon 20,W) 20.6 19.404 RaWng fur*Js General ovwh*ts 38,133 38.133 a029 T¢)tsl SLVPOrt c4sb 1.467,274 1.487,274 38,133 1,505.407 1,447,748 Stsff wsts 0th8rdh(a co818 4.677.9)0 141.784 188.092 4.865,992 93, 35. 177.453 44,974 389.221 109.695 99.786 5,329,182 4.961,223 332.122 270.079 99.785 7T,738 471.768 430,381 DapTedati 471.768 471,768 Y•* •ndDd 31 Mwch 2022 6.982,487 17r,076 578.701 264 7 1871TT Yg¥ 31 Marth 2021 208. 6,727,920 182,STh8 276,751 7,187,177 Dofft8lon ￿ Ihg ¢n(S)wrnent kYOFwty hKlud•J b) re$ltj￿¢4al &day ¢>Jsts 111, 26 THE MEATH EPILEPSY CHARITY NOTES TO TrIE FINANCIAL STATEMENTS lep4 dmiity FOR THE YEAR ENDED 31 MARCH 2022 TRUSTE￿ DIRECTORS & KEY IAANAGEIIENT PEIISONNEL REIIUNERATION & BENEFITS Ihe ye¥. and pfjoryw. there*weth8e key managem￿tpeT8onnd compA*ng theChldExeoJfv. the H$8d ofOpwation$ & HR, 8nd lh& Head of Pin•Ka. vtho88 •nokm8nts Induthng •7Woy8r contrfjbulion$ aThJ 8mployor knsuran¢• contrknulons iotalled £254.64512021.. £231,783). TnJst88s recdved any remuneratlon orother benafils orrdmburswngntof ony gxpwffj¢s fortheyw12021.. £nlll. empbyg05 oamkng over£eO.CV)O. indudlng ￿￿40yerp￿￿ contr*4Jtr)ns. 2Q22 BotW80Tr £00.(W and £70.000 B8tsve8r¢ £70.(tsJ and £80.000 Beknn £80,(m and £KI.000 STAFF COSTS 2Q22 Woggs & SorJal 80￿￿Y 4.701.132 351.522 4.659.485 361,323 2Q22 Avera￿ Nmb8Tofataff durlng theyè8r 210 203 Durfflg tha year 3 8mk4oye85121r21.. ￿) were mad• reAlundanL and 3 empWÈs reLXNed sevwaw* pwients. Thetc481 r￿th. Judlng payTrwts n Iku ofrnlce, £67.36812021: £nill of%thich £50,12812021: £nTllwère r&Jundry £17.23012021.. £nll Sell￿entpO¥m8nts. TANffjLE FLXED A*SETS EWI￿¥￿1 Flxtures & Flttjngs GROUP & CIIARf Fro&hold Motor V•hl¢l•• Tot•1 At I WI 2021 15.882.753 22.167 1,685.031 140.582 17,708,366 88.078 tN5pJial8 At 31 Mwrh 20T2 17 Dow•cla￿lIft At 1 Aprll 2021 Chwg8 forthe Elimlnthj dlspwals 2,638.988 332.132 1.397.562 117.213 57,872 22.424 4,094,422 471,769 At31 March 2022 Not borAE valu• At 31 MaTth 2￿1 At 1 AkMI 2tr21 27 THE MEATH EPILEPSY CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 21122 FIXED Ass￿ IP4VESTMENTS Group 2022 Ch•rity Ch•rlty 2022 2021 2021 LW Inv••lmont• rkèt valu8at 1 Aprfl 2W21 Ad¢fth$ DW)sa 4.431 57.897 813.627 101.80D 1106.4591 gIM,431 57.897 813,62T 101, 110S,4591 rket valua al31 Marth 2022 Th8116tvJ hdd fDrboth yoars ￿ a mlxture 0f￿uMa5 bmds. Sharn8 In group und•rf•klng• torfcal c05t at 1 2021 AddiOL¥ Di81x￿$ RevalJatbJns HL8torfcal c(4t 8131 MBrth 2022 Thgr*ww¢ Th) knvestrnent assets outsbje the UL The Charfvu I[￿StMen1th Grwp uTrJertEklrys atth8 b8larKe 8h88t dgt&was knTh8 Arlhousè #t The Meath knrnIl￿. Th• Arthou2• al Tth• M••th Umll•d: Nthr8 of b￿￿6￿￿.. Sodd ￿￿t¢[pr￿• for ￿U¢9￿n9 and rn*dgnlsofTho Me8th ￿ make. cunmwd8lbe aYKI sdl art and art irnage5. Clw of6hwes.' Orllnary. 100% hrAding Athty.. the comp8nywa8 dorm8nt durfng Ihe ye8rpJW 31 kl8rth 2022 Agyrewt8 r•al and re8•N85'. £I37,￿lI2021. q37.￿0)1} 10 DE8TOR5 Amountslalllng fknln on•>•ar Group 2022 ¢3roup Ch•rhy Ctharlty 2022 2021 Re5wJErts fEe5 Other deblovs Prepayments & 8cuued Inwme AnK)unts due trom 9ft￿p utwjWts￿nll 227.835 348,455 227,835 348,455 70.625 128.926 31.Th 77.1 77.190 Othwdobtots Indudo £7022512tr21.. £07.2251 duo from Unlmthl aftw than y¢ar. 11 BANK BALANCES &CASH IN HAND At 31 March 2022 the hejd monies wtti£th areadminthed on ofwllents £115,tQ {2tr21.. £92A191. ¥nd r8sldenlrf p¥*Jnal mwiès £243.20612021.. £230,069). Thase balanc￿ h8¥a not b88n I￿luded In th888 sc￿￿nts. 28 THE MEATH EPILEPSY CHARrrY NOTES TO TrIE FINANCIAL STATEMENTS lew tharty FOR THE YEAR ENDED 31 MARCH 2022 12 CREDITCIgS Amoynts falllng du•wlthln on• Group 2022 Group CPorlty Chawtty Tr8d8 cr8dttorB dal $8C0Jrty & othwta 146,926 93,423 81,9)2 40,310 185,320 91.858 322.583 43257 24 140.926 165.320 93.423 91,858 81.9)2 ￿,583 40.310 43,257 24 Othw in￿m￿o￿n￿¥￿5 fE5bJents' f885 and ￿tt￿CoMe recd¥*d In •dv8n(* ofth• ￿011 to whk* It rdats&. 13 ANALY318 OF NET ASSEfs BETy￿E￿ FUNDS GllOUP Unr•strlrt•d Rgstrfctsd Endowrnwrt Fun Fund$ Fund¥ Total Fundi X+22 Fund• 2021 Twgible f￿•￿ 95se15 InY8strnents CurMt assets Curwt IfAbllllJes 8.734,274 1,026.101 1.503.650 4495.9TT 13.rJ0251 13.613,944 1.IY26,101 ,431 1.704.709 1,928,6 8Z3 593 201.OS9 Unr•8tri¢t•d R•gtrlctsd End￿￿•nt Fund Funds Funds Tot•1 Funds T￿gIb￿ ftxf•J a58ets InvestrTr)ents Ojrrwt as86ts Current l￿b￿lbe5 9,C(6,163 ,431 1.668.967 4.607,781 13,613.944 ]4.431 1.928, 259,732 29 THE MEATH EPILEPSY CHARITY NOTES TO THE FINANCIALSTATEMENTS FOR THEYEAR ENDED 31 MARCH 2022 14 AIOVEIIENT IN FUNDS GR(IUP Fund8 at Galns I Fund• 31 Al•r¢h 3022 In¢¥yng Expon(Ilur• Trnn•f• Unreslrlthj li￿d6 G￿eral tuTr CW I.749.￿5 163 6.947.925 I7.5￿,090) 848.632 63.773 1.841.045 10 75s 968 10575319 R8strkt8d fvnds Doy St Qgmwt Danes Changing Pw¢¥pkn Sa13rf9¥ Meath Ph￿0th¥aF￿8t Shed S￿nS Centre A￿￿ty S88dons Skllls c￿tre S81arl8s Enrithmenl fvr¥J LEF pwl Bo￿oW TN* Gym w4￿pm￿t James Bond a￿d•bourne 51h Aprfl 2021 HambK8don k#Jroa 14,135 (3.4401 12251 110.695) 1.750 1,525 20.OC#) 19.t53 6.orK) 116.fj68) 19.619) 18,c#)o) 13.2211 122.764) 166,ffi8) {115.2181 12,338 (90341 8.800 152791 19751 &825 13,￿2 125.(BS 12,434 1.285 58,632 2.623 183.399 10.oc 11.7181 {12,527) {3.7151 12,6801 15,0gn (5,4511 16,7291 110) 4.941 2.442 5,011 122) 28,949 If.71BI 25.000 4.956 50.520 47.876 125,th)01 14.9561 150.5201 147.8761 10.TrJO IT. New Meath Comput•s Pwsonal ¢￿trad Scllwtrts F￿draIsIng relntewon Thrywtlc room. Thryknt 21r22 259.732 4.607.781 375.440 157.3701 111￿4 1376.7431 201.059 Endtr4Mentftmd 4 867.513 169.174 Totsl ffijnds IS.623,481 15 30 THE MEATH EPILEPSY CHARITY NOTES TO THE FINANCIAL STATEMENTS QF4epyJ thanty FOR THE YEAR ENDED 31 MARCH 2022 14 IIOVEMENT M FUNDS l¢on¢inwJd) Fund• al Galn•l Ftsnd• at 31 March 2021 In¢fm• Ex￿dI1￿¥ TrnnJforn 2020 UnreslrfLtsJ Genw¥l fvnd CaW fuThJ 1200.075 7.078,876 {&899.723) 275.482 95,093 1.749.805 Re51ittèJ Gkndeboume IdefwwJ b)11)104r221 Gym salary120121 &21r221 IT- Meath Comwrters 50.C 125.rAI)I 25.QOO 4,956 50.520 20,¢X)O 61255 47.878 1.750 I1,(￿) {24ABOI 75,C 20.LI 69.147 89.918 r¢om.Thwaty8t21122 EnrfthmwrtfvnL*n9 Emwgency & rdntyatton CV19 St Cknent Dar 17.wl 149.3401 12501 15.SCiII 15.8481 14,C 15.743 Skdls C8ntreAdNty Se5￿ns .711 9.910 {96.711} I29.￿0) 15.134} C4r FUr￿- P08t Break In Skdl8 C8ntr8 shLw8r refwb x 1 Rofvth$hed ba1hro￿$ & ro)m$ Cwjpatknal Tlry16tsal@rl•b Skd18 ¢th)tre ￿aries Char￿9 Perwtk)r* v8 Other 2¢XC 1134 1471KS 114.TCQI 132.OYJI 18.th11 126,IXYJI 11YJI 2QC(Q 150 113.921 47Q698 1175.6501 1111.8041 11572%} 259,732 Erthwmentknd 157 Total fund$ 31 THE MEATH EPILEPSY CHARITY NOTES TO THE FINANCIAL STATEMENTS eplem dsority FOR THE YEAR ENDED 31 MARCH 2022 15 OPERATING LWE COMMrrMENTS Group & Ch4rlty Land & 8ullthng$ 2022 L•nd S Oth•r Bulldlng• 2021 2021 Fubjre mlnlmum bease pawnents Nak￿*￿Ilabl• op*atthg leu5es: Imthln onts￿r Between one and fve ￿r5 In more Ihan five years 69.056 5. 37.704 10,952 50.COJ 75.C 12.6 2.444 Totsl tW58 paymerts madethrfng the y 16 PENSION COhlMIThIEIIrn DurlrYJ the year£￿,479(202l.. £320.&J3lw*s Into the group personal P￿sIc￿ 3chem8. (￿Sta[￿lIng Nabllfy at th• baknc4 thaatdate was £39,79512021.. £41.￿1. 17 RELATED PARTY DISCLOSIMIES W••itsr￿ Llmlt•d Wesibro)k H￿Skng Limited wa5 8 thwIIab￿ company18adng propety to thai ￿ ￿n8￿&S ataffords￿O rents to p￿A0 dIsa￿l￿o9. hHstladlli8lng thelrc4r8 throlyh The Kl83th EFAl8psy c￿ty. WesltrKook Howig LTnitgJ had Iwo TN$teE Dire¢knrn in The Meath E￿￿8P8Y c￿ty. W88lbrook Lrted QF¢Trfjng as at 31 m￿12021. SIn￿whIch dots Its athltss havo abEothd Into those ofThe Meath E￿lepsY cha￿ty. Atthe yo8rEnd a of£nllwaB du8 to Th8 M88th E￿WY clwlty12￿l £30.(I]O}. Arthou8• Unlknttgd l¢harlty nwnb•r 11779001 318t May 2018 tha acti¥ltla& olthesubslolwy Underta￿ng Th&Arthous¢ otTha M8th LthteAt were to Altr￿u98 Unlmlw. an Indepwdent th￿ty. Atth¢yoarwKI £97.225 w4$ d￿*Th0 Moath Ch•rfty12021 135.1861 Llndmy P•wryrn4 Ckne Thllvldual re13ted to the CEO UndsayPwTrThan wa5 empkny•J the y•w. rnmunnlSJn totallln9£8.156 12021.. ono £18.3651. Joan￿ Axto Ckng Thylvldual r8Lqt•J tothg H8•a of HR & Op8rakns JoBnneAxton ha8 ￿ Inirt ar¥J 5uppll85 t￿￿15￿9 fy].87812021.' £102.1901 Cme w￿1?￿dual r8Lqt•J to Ihe Hè*J of HR & Operath)ns was ry4oyed d￿ng thè yoar. ts¢ehiig remunw8tk)n totslllng £4,97312021: £nll 18 ULTIMATE CONTROL The ¢h¥riiy ty ￿nI￿Ne￿ bythe Tntyt¢e Dir&aorn LO Th* Méath Cthnpany. 32